Deutsche Bank Reports East West Bancorp (NDAQ:EWBC) Downgrade from Buy; LUMENPULSE (LMPLF) Sellers Decreased By 36.87% Their Shorts

July 17, 2017 - By Linda Rogers

LUMENPULSE INCORPORATED (OTCMKTS:LMPLF) had a decrease of 36.87% in short interest. LMPLF’s SI was 38,700 shares in July as released by FINRA. Its down 36.87% from 61,300 shares previously. With 3,200 avg volume, 12 days are for LUMENPULSE INCORPORATED (OTCMKTS:LMPLF)’s short sellers to cover LMPLF’s short positions. It is 0.00% or $0 reaching $0 per share. It is down 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 4 analysts covering East West Bancorp Inc. (NDAQ:EWBC), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. East West Bancorp Inc. has $63 highest and $57 lowest target. $60’s average target is 4.51% above currents $57.41 stock price. East West Bancorp Inc. had 5 analyst reports since March 16, 2017 according to SRatingsIntel. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Market Perform” rating by BMO Capital Markets on Friday, July 7. On Friday, July 14 the stock rating was downgraded by Deutsche Bank to “Hold”. The rating was maintained by Wood on Tuesday, May 23 with “Hold”. The stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Underperform” rating by Raymond James on Thursday, March 16. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, March 23 report.

Lumenpulse Inc. is engaged in the design, development, assembly and sale of lighting products. The company has market cap of $. The Firm operates in two divisions: Lumenpulse LED products and other manufacturers’ products (OMP). It currently has negative earnings. The Company’s LP divisions’ products consist of light-emitting diode (LED) lighting solutions.

Investors sentiment increased to 1.24 in Q4 2016. Its up 0.39, from 0.85 in 2016Q3. It is positive, as 20 investors sold East West Bancorp, Inc. shares while 114 reduced holdings. 60 funds opened positions while 106 raised stakes. 119.97 million shares or 0.48% more from 119.39 million shares in 2016Q3 were reported. Moreover, Smith Moore has 0.08% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 4,121 shares. State Of Wisconsin Investment Board accumulated 386,101 shares or 0.08% of the stock. Martingale Asset L P holds 0.05% or 74,561 shares. Renaissance Technology Ltd stated it has 74,133 shares. Moreover, Invesco has 0.01% invested in East West Bancorp, Inc. (NASDAQ:EWBC) for 458,693 shares. Great West Life Assurance Can invested in 0.01% or 92,406 shares. Blackrock Inv Ltd invested in 0.03% or 503,631 shares. Susquehanna Interest Grp Llp reported 122,161 shares stake. Oregon Pub Employees Retirement Fund invested in 0.05% or 49,787 shares. Plante Moran Finance Advsr Lc, a Michigan-based fund reported 400 shares. Charter Tru accumulated 19,260 shares. Zacks Inv Mngmt invested in 165,073 shares or 0.24% of the stock. Edge Asset reported 1.19M shares. Henderson Public Limited Company holds 559,593 shares or 0.21% of its portfolio. Earnest Prtnrs Limited Liability Co invested 0% of its portfolio in East West Bancorp, Inc. (NASDAQ:EWBC).

Since March 6, 2017, it had 0 insider buys, and 10 insider sales for $6.71 million activity. On Monday, March 20 the insider NG DOMINIC sold $1.42 million. KRAUSE DOUGLAS PAUL sold 15,000 shares worth $815,807. 636 shares were sold by CAMPBELL MOLLY, worth $34,642 on Monday, March 6. LIU JACK C also sold $66,257 worth of East West Bancorp, Inc. (NASDAQ:EWBC) shares. LI HERMAN Y sold 3,200 shares worth $177,600.

East West Bancorp, Inc. is a bank holding company. The company has market cap of $8.15 billion. The Company’s principal business is to serve as a holding firm for East West Bank and other banking or banking-related subsidiaries. It has a 16.9 P/E ratio. The Bank is a California state-chartered bank, which operates in the United States and Greater China.

Analysts await East West Bancorp, Inc. (NASDAQ:EWBC) to report earnings on July, 20 before the open. They expect $0.81 earnings per share, up 14.08% or $0.10 from last year’s $0.71 per share. EWBC’s profit will be $114.99M for 17.72 P/E if the $0.81 EPS becomes a reality. After $0.88 actual earnings per share reported by East West Bancorp, Inc. for the previous quarter, Wall Street now forecasts -7.95% negative EPS growth.

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